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Title:  Director Risk Management




Requisition ID: 71619


Join the Global Community of Scotiabankers to help customers become better off.


The Director, GBP AML Controls is a key member and contributor to the overall success of the Global Banking and Markets (GBM) Anti-Money Laundering (AML) program.  This role has primary responsibility for contributing to the strategic direction and AML risk management of the Global Business Payments group through the following: ensuring reliable AML risk management controls are in place in keeping with the various Enterprise AML Risk Policies and Processes, managing strategic AML related projects, acting as AML Controls representative on working groups to ensure GBP is in compliance with all regulatory AML related issues and financial regulatory reporting.


Key Accountabilities:

  • Provide expert oversight and direction to GBP business lines on matters related to AML compliance and Sanctions, leveraging Enterprise and GBM AML Risk as necessary. Advice on regulatory compliance matters for new regulations, organizational developments, new products, services and initiatives, in tandem with AML, Legal, and Risk/Control departments.
  • Play a key role in the development and roll-out of both tactical/strategic process changes and long term solutions related to GBP’s AML controls. Represent GBP in key working groups across the bank in the development of new and amendments to existing AML and Sanctions Risk Management Policies.
  • Provide subject matter expertise in the structuring and rollout of new AML requirements and process changes required to ensure onboarding, remediation and off boarding activities are compliant with regulatory reform impacting the division globally. This involves defining business requirements and processes, assisting in the preparation of business case proposals, and participating in testing. 
  • Support the GBP business by developing implementation strategies, detailed project plans, and monitoring progress against planned objectives related to GBP’s AML program. 
  • Assist in the development/maintenance of GBP AML training programs across relevant lines of business to ensure awareness of relevant GBM/GBP and Bank requirements
  • Provide subject matter expertise to the GBP onboarding, products, EDDU and business units in the areas of KYC, AML/ATF and economic sanctions, the application of relevant policies and procedures as well as providing support regarding the establishment/maintenance of business relationships with high risk clients. 
  • Leads key initiatives as assigned in AML and Sanctions Risk Assessment, Audit resolution coordination and regulatory response by collaborating with cross functional teams in achieving the multiple objectives in a global landscape and scope. Ensure transparency, stakeholder alignment, and sound risk management
  • Contributes to a positive risk culture and ensures day-to-day activities and decisions are undertaken in accordance with the Bank’s risk appetite and mitigated in accordance with relevant policies and procedures. 
  • As directed, represent GBP and undertake additional projects to support implementation of changes to enterprise AML/ATF policies and procedures as well as local regulatory requirements.


  • Minimum 10 years’ experience in financial services.  During this time the incumbent will have had roles that included: process improvement; auditing; sales; AML; compliance; and engaging executive management across first and second lines
  • Master’s degree in business administration, finance, or university degree preferably in Legal/Compliance or business administration, finance or equivalent work experience; 
  • CAMS certified or other relevant field; Agile designation or experience is an asset.
  • Experience in enterprise or business line compliance program or operational risk management is preferred; AML knowledge and experience would be a benefit.
  • Knowledge in GBP products and wholesale banking products and operating model is an asset
  • Fast learner, strong analytical skills and critical thinking capabilities to frame and structure complex issues effectively and develop insights and recommendation.
  • Change agent with high energy, demonstrated strong ability to work under pressure, deal with ambiguities and uncertainties, and drive for result
  • In addition:
    • An understanding of compliance and best practices in AML/KYC
    • Strong analytical, investigative, reporting, and planning skills
    • Outstanding written and spoken communication abilities
    • Excellent leadership skills, interpersonal and conflict resolution skills
    • Highly organized and capable of dealing with complex projects
  • Ability to manage multiple compliance, audit reviews and projects concurrently


Location(s):  Canada : Ontario : Toronto 

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.


At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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